6,790 Shares in Dell Technologies Inc. $DELL Purchased by Abacus Wealth Partners LLC

Abacus Wealth Partners LLC purchased a new position in shares of Dell Technologies Inc. (NYSE:DELLFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,790 shares of the technology company’s stock, valued at approximately $855,000.

Other large investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC increased its position in Dell Technologies by 1.3% in the third quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock worth $789,000 after purchasing an additional 71 shares during the last quarter. Westside Investment Management Inc. increased its position in Dell Technologies by 35.8% in the third quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after purchasing an additional 78 shares during the last quarter. Pinnacle Associates Ltd. increased its position in Dell Technologies by 0.4% in the third quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company’s stock worth $3,067,000 after purchasing an additional 78 shares during the last quarter. Ancora Advisors LLC increased its position in Dell Technologies by 18.6% in the third quarter. Ancora Advisors LLC now owns 556 shares of the technology company’s stock worth $79,000 after purchasing an additional 87 shares during the last quarter. Finally, Lindenwold Advisors INC increased its position in Dell Technologies by 1.0% in the third quarter. Lindenwold Advisors INC now owns 9,185 shares of the technology company’s stock worth $1,302,000 after purchasing an additional 87 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In related news, CFO David Alan Kennedy sold 19,500 shares of Dell Technologies stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $182.53, for a total value of $3,559,335.00. Following the sale, the chief financial officer owned 183,097 shares of the company’s stock, valued at approximately $33,420,695.41. This trade represents a 9.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William F. Scannell sold 143,067 shares of Dell Technologies stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the completion of the sale, the insider directly owned 21,779 shares in the company, valued at $3,593,535. This represents a 86.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 3,571,688 shares of company stock worth $576,654,105 in the last ninety days. Company insiders own 42.00% of the company’s stock.

Dell Technologies Stock Down 2.2%

Shares of Dell Technologies stock opened at $242.36 on Friday. The firm has a market capitalization of $156.51 billion, a P/E ratio of 27.79, a PEG ratio of 0.98 and a beta of 0.99. The company has a 50 day moving average price of $188.45 and a 200 day moving average price of $150.05. Dell Technologies Inc. has a 52 week low of $106.38 and a 52 week high of $263.99.

Dell Technologies (NYSE:DELLGet Free Report) last posted its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The company had revenue of $33.38 billion during the quarter, compared to analyst estimates of $31.60 billion. During the same period last year, the firm posted $2.68 EPS. Dell Technologies’s revenue for the quarter was up 39.5% compared to the same quarter last year. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. As a group, research analysts anticipate that Dell Technologies Inc. will post 11.9 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Tuesday, April 21st were paid a $0.63 dividend. The ex-dividend date of this dividend was Tuesday, April 21st. This represents a $2.52 dividend on an annualized basis and a yield of 1.0%. This is an increase from Dell Technologies’s previous quarterly dividend of $0.53. Dell Technologies’s dividend payout ratio is 28.90%.

More Dell Technologies News

Here are the key news stories impacting Dell Technologies this week:

Analysts Set New Price Targets

DELL has been the topic of a number of analyst reports. Raymond James Financial boosted their price objective on shares of Dell Technologies from $166.00 to $182.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. UBS Group cut shares of Dell Technologies from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $167.00 to $243.00 in a research report on Sunday, May 10th. Zacks Research upgraded shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Wolfe Research initiated coverage on shares of Dell Technologies in a research report on Thursday, April 9th. They set a “peer perform” rating on the stock. Finally, Morgan Stanley boosted their price objective on shares of Dell Technologies from $101.00 to $110.00 and gave the company an “underweight” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $194.79.

Check Out Our Latest Research Report on DELL

Dell Technologies Profile

(Free Report)

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.

See Also

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Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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